210 W Spazier, Burbank, CA 91502

• 2,492 sqft

Property Description

Rare opportunity to acquire a well-maintained, fully occupied single-story four-unit investment property in the heart of Burbank. Ideally located on a quiet, low-traffic dead-end street just minutes from Interstate 5, Alameda Avenue, major studios, shopping, dining, and employment centers, this pride-of-ownership property offers stable current income and long-term upside. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all occupied by long-term month-to-month tenants. Under the same ownership for over 22 years, the property has experienced very little vacancy, reflecting its desirable location and strong rental demand. Numerous improvements include updated unit interiors, an updated sewer line, private full-size laundry sheds for the two-bedroom units, interior stackable laundry in the one-bedroom units, and a charming shared courtyard patio for tenant enjoyment. Each unit is individually metered for gas and electricity. Four detached single-car garages and a large storage shed are rented separately, providing additional income beyond the apartment rents. A spacious rear parking area offers ample off-street parking for tenants and guests. Current gross scheduled income is approximately $9,850 per month ($118,200 annually) with a projected buyer pro forma cap rate of approximately 5.7% (buyer to verify). Situated on a generous 7,748 SF lot with potential future expansion or redevelopment opportunities (buyer to verify with the City of Burbank), this is an exceptional opportunity to acquire a quality investment property in one of Burbank's most sought-after rental neighborhoods.

Listing Status:

Active

Date Added:

July 7, 2026

Data Last Updated:

August 24, 2026 at 1:18PM

Listing Office:

RE/MAX Gateway : 661-702-4900

Listing Agent:

Brian Palmer : 661-212-3938

Contact:

brian@brianpalmer.com

MLS ID:

SR26147163

Interior

• General: All Bedrooms DownBedroom on Main Level
• Appliances: DishwasherGas RangeMicrowave
• Laundry: InsideLaundry ClosetOutsideStacked
• Flooring: CarpetTileVinyl
• A/C: Wall/Window Unit(s)
• Heating: Wall Furnace
• Fireplace: None

Exterior

• General: None
• Style: Mid-Century Modern
• Pool: None
• Parking: Driveway LevelDoor-SingleGarageOn SiteRV PotentialParking spaces: 8

Construction

• Roofing: Composition
• Windows: Double Pane Windows
• General: 1

Location

• Road/Access: City Street
• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: 5625016017
• View: None
• Fencing: Wrought Iron

Utilities

• Utilities: Electricity ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM